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  • Why is Saudi Arabia shaking up the oil market?
  • Saudi Arabia has a history of shaking up the market by increasing production. The OPEC leader caused prices to fall below $10 per barrel in 1986 after boosting output to penalize other producers. More…
  • Will Saudi Arabia increase oil output in 2024?
  • This strategic pivot became evident recently as Saudi Arabia prepared to increase oil output, aligning with broader OPEC+ decisions to gradually unwind some production cuts starting in December 2024.
  • Is Saudi Arabia ready to boost oil output?
  • Kazakhstan, which overproduced by 120,000 barrels a day, was also singled out. Although Saudi Arabia’s economy depends on higher pricing, a report from last week suggests that the kingdom might be ready to boost its oil output and bolster its market share.
  • Will OPEC & Saudi Arabia move to higher oil market volatility?
  • After several years of relative stability in global crude oil markets, speculation is risi ng that strategic shifts from Saudi Arabia, OPEC, and the larger OPEC+ oil cartel could presage another period of higher market volatility in the months to come.